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Cash and inventory are considered ______ of the company.
assets
The company’s ________ include cash, inventory, and equipment.
assets
The accountant is responsible for tracking ________ accurately.
expenses
The ________ is a key document for investors to review.
balance sheet
After paying off its ________, the company was in a better financial position.
liabilities
The financial ________ showed a significant increase in ________ last year.
statement / revenue
The company has ______ totaling $500,000.
liabilities
The company's _______ rose by 10% compared to last year.
revenue
The business must manage its _______ to remain profitable.
expenses
Positive _______ is crucial for maintaining operations.
cash flow
The company’s _______ increased after purchasing new equipment.
accounts payable
Unexpected ______ led to a significant ______, affecting the company’s overall financial health.
expenses / loss
The _______ shows the financial position of the company as of December 31.
balance sheet
The _______ indicated that the company made a profit this quarter.
income statement
The company has a large _______ that it expects to collect soon.
accounts receivable
